Showing 31-40 of 97 results
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FPO slashes growth on energy outlook
Business, Wichit Chantanusornsiri, Published on 28/04/2022
» The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.
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Cost to build homes up 5.3%
Business, Wichit Chantanusornsiri, Published on 21/04/2022
» The average cost of constructing a home rose 5.3% year-on-year in the first quarter of 2022 as a result of the Russia-Ukraine war, according to Vichai Viratkapan, acting executive director of Real Estate Information Center.
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Growth outlook needs rejig
Business, Wichit Chantanusornsiri, Published on 28/03/2022
» The Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, says a ministry source who requested anonymity.
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Arkhom eyes 10% export growth in 2022
Business, Wichit Chantanusornsiri, Published on 31/03/2022
» Despite soaring oil prices and rising production costs driven by the Russia-Ukraine war, Finance Minister Arkhom Termpittayapaisith still hopes to see the Thai export sector expand by 10% this year.
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2022 economic growth view at 4%
Business, Wichit Chantanusornsiri, Published on 29/01/2022
» The Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office's director-general Pornchai Thiraveja.
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FPO ups tourist arrival forecast to 200,000
Business, Wichit Chantanusornsiri, Published on 22/11/2021
» The Fiscal Policy Office (FPO) expects 200,000 international tourist arrivals this year, up from its earlier forecast of 180,000, said director-general Pornchai Thiraveja.
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FPO revises down growth to 1%
Business, Wichit Chantanusornsiri, Published on 29/10/2021
» The Fiscal Policy Office (FPO) has downgraded its forecast of Thai economic expansion this year to an average 1% from the previously predicted 1.3% mainly as a result of the resurgence of the Covid-19 pandemic in April, which severely impacted the country in the third quarter.
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Bank upbeat on GDP outlook
Business, Wichit Chantanusornsiri, Published on 27/10/2021
» Standard Chartered Bank expects Thailand's gross domestic product to rebound in 2022 to around 3% from the forecast zero growth this year.
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NSF keen on capital market foray
Business, Wichit Chantanusornsiri, Published on 07/09/2021
» The National Savings Fund (NSF) wants to expand investment to cover assets in the capital market that offer higher returns than savings as the fund sees signs of an economic recovery, says secretary-general Jarulak Ruangsuwan.
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Exim Bank to nurture exporters
Business, Wichit Chantanusornsiri, Published on 24/06/2021
» The Export-Import Bank of Thailand (Exim Bank) has set a target to increase the number of small and medium-sized enterprise (SMEs) exporters to 100,000 in next four years from around 30,000 at present, the bank's president, Rak Vorrakitpokatorn, said yesterday.
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